AVAX Elliott wave Daily count
AVAX is trading now into an important support zone.
If the price will go impulsive up I wont see this good as it will make an abc (blue count) flat correction for a wave B from a flat correction at a bigger degree (red count) that will turn de price down again.
All I want too see is to break now this support zone ( at least under 13.864 level, previously low) to complete a WXY complex correction and than to go up maybe for a wave 3.
If you have questions feel free to ask, also I want to see your thoughts about AVAX.
Good luck and hit the like button if you like my analysis and follow me for future count updates!
If the price will go impulsive up I wont see this good as it will make an abc (blue count) flat correction for a wave B from a flat correction at a bigger degree (red count) that will turn de price down again.
All I want too see is to break now this support zone ( at least under 13.864 level, previously low) to complete a WXY complex correction and than to go up maybe for a wave 3.
If you have questions feel free to ask, also I want to see your thoughts about AVAX.
Good luck and hit the like button if you like my analysis and follow me for future count updates!